U.S. Inflation Data and Ethereum Upgrades Focus Markets
U.S. inflation data and upcoming Ethereum developer discussions headline the week ahead as markets watch interest-rate expectations.
U.S. inflation data will test the interest-rate outlook this week ahead of the Federal Reserve's October meeting, according to CoinDesk. Investors currently expect the central bank to keep interest rates unchanged with an increase anticipated in December. Third-quarter bank earnings will provide a separate check on lending, trading activity and investor demand.
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In the cryptocurrency sector, Ethereum developers are scheduled to discuss upcoming upgrades during the All Core Devs Consensus call No. 189 on Oct. 15, reviewing Glamsterdam and Hegotá. Meanwhile, Singapore’s stablecoin consultation with the Monetary Authority of Singapore comes to a close on Oct. 16.
Additional governance and protocol events include ArbitrumDAO's proposed USDG initiative entering an offchain vote starting Oct. 15 through Oct. 22. Starknet is scheduled to unlock 3.37% of its circulating supply worth around $13.2 million on Oct. 15, while Arbitrum plans an ARB token unlock of 1.56% of its circulating supply valued at $18.07 million on Oct. 16.
Key facts
- U.S. inflation data releases this week ahead of the Federal Reserve's October meeting.
- Ethereum developers to hold All Core Devs Consensus call No. 189 on Oct. 15.
- Monetary Authority of Singapore's consultation on stablecoin regulation closes on Oct. 16.
- Starknet to unlock 3.37% of its circulating supply worth approximately $13.2 million on Oct. 15.
Source: coindesk.com
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